Pro Builder

AUGUST 9, 2022

Homebuyers Brace for Big Changes Ahead as Inventory Climbs and Sellers Slash Prices. The housing market is cooling down after years of consistent growth. metros climbed 41% in July, especially in popular cities like Phoenix, Austin, and Raleigh, where inventory rose 158.7%, 154.5%, and 137.5%, respectively.

Inventory 98

Inventory Raleigh Phoenix Austin 98

Pro Builder

FEBRUARY 8, 2022

Migrating Americans Are Driving Up Home Prices in Popular Metros. Remote workers and movers motivated by the pandemic are flocking to Sun Belt cities like Phoenix, where prices are peaking and inventory is declining. According to Redfin, 31% of online users expressed interest in moving to another metro in 2021, up from 25.6%

Metro 105

Metro Phoenix Los Angeles Dallas 105

Pro Builder

FEBRUARY 3, 2023

Inventory is expected to increase 17% nationwide in 2023, but the number of homes available for sale is expected to decline in half of the largest 100 markets, Forbes reports. Read more Housing Markets New-Home Sales Housing Markets Louis and New Orleans.

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Inventory St. Louis Las Vegas Dallas 52

Pro Builder

DECEMBER 15, 2022

The Top 10 Most Affordable Metros for First-Time Buyers in 2023. With comparatively high inventory and affordable home prices, these metros are prime homebuying locations for first-time house hunters in 2023. Housing Markets. Housing Markets. Thu, 12/15/2022 - 10:15. For the full list …. New-Home Sales.

Metro 52

Metro Wichita Inventory Bargains 52

Pro Builder

DECEMBER 8, 2022

10 Most Affordable Metros for First-Time Buyers in 2023. With rising shares of home price reductions, high relative housing supply, and mortgage and rent affordability, these metros offer a starting point for budget-conscious first-time homebuyers. Housing Markets. Housing Markets. Thu, 12/08/2022 - 10:18.

Metro 52

Metro Wichita Inventory Bargains 52

Pro Builder

MARCH 13, 2023

Luxury Home Sales Are Plummeting in These Pricey Metros ldeakins Mon, 03/13/2023 - 11:32 Sales of luxury homes are falling nationwide amid persistent affordability challenges, and these metros are seeing the most substantial slowdowns Luxury home sales fell 45% during the three months ending Jan. Supply is rising.

Metro 52

Metro Miami Inventory Housing 52

Pro Builder

MARCH 14, 2023

Metros ldeakins Tue, 03/14/2023 - 10:42 Home prices are falling and inventory is stalling across much of the U.S., Metros ldeakins Tue, 03/14/2023 - 10:42 Home prices are falling and inventory is stalling across much of the U.S., In smaller, more affordable metros such as Davenport, Iowa, Montgomery, Ala.,

Metro 52

Metro Wichita Iowa Inventory 52

Pro Builder

MARCH 14, 2023

Metros ldeakins Tue, 03/14/2023 - 10:42 Home prices are falling and inventory is stalling across much of the U.S., A seller’s market is losing steam amid a nationwide housing correction, but in some regional markets, homes are still selling at a breakneck pace. Read more Housing Markets New-Home Sales Housing Markets

Metro 52

Metro Wichita Inventory Housing 52

Pro Builder

SEPTEMBER 16, 2021

Could the Fall Season Bring a Cooler Housing Market? August welcomed slower housing price growth and increase in inventory, prepping the cooler fall season for a cooler housing market. Available housing inventory continued its upward trajectory for the fourth straight month, rising 4.1% cbroderick.

San Diego 98

San Diego Housing San Francisco Inventory 98

Pro Builder

APRIL 17, 2023

An updated analysis of Zillow Home Value Index data revealed that just 23% of those markets saw a month-over-month home price decline in March, compared with 79% of markets that saw price declines at the height of the housing correction in September 2022, Fortune reports. Read more Housing Markets Affordability Housing Markets

Housing 72

Housing San Jose US Metro 72

Pro Builder

MAY 20, 2021

10 of the Hardest Metros to Snag a Home. market while housing inventory is down, resulting in a competitive market, but these metros are the most competitive. SmartAsset identified the hardest places to purchase a home in America by analyzing the affordability, inventory, and pricing levels of the top 50 U.S.

Metro 52

Metro San Diego Los Angeles Long Beach 52

Pro Builder

OCTOBER 8, 2021

The State of Housing Market Trends for September. The September housing data release reveals that homes are still selling at a brisk pace and listing prices continue to grow steadily over the previous year. Active listing inventory is historically low but the gap compared to last year continues to shrink. compared to 2019.

Housing 59

Housing Inventory Metro Statistics 59

Pro Builder

MARCH 4, 2022

The Median Home Price Is Up to a New Record High as Inventory Drops. Unrelenting price gains are a direct result of low housing supply and heightened competition in nearly every market across the U.S. A lack of housing inventory caused the typical home to sell for 0.8% Housing Markets. Fri, 03/04/2022 - 10:22.

Inventory 52

Inventory Metro Housing Contract 52

Pro Builder

DECEMBER 6, 2021

Third Quarter Metro Affordability Report Reveals a Tight Market for First-Time Buyers. In the third quarter of 2021, price growth began to normalize after months of record highs and inventory rose slightly across the nation, but first-time buyers still struggled in a competitive seller’s market, according to NerdWallet.

Metro 52

Metro Inventory Income Equity 52

Pro Builder

AUGUST 18, 2022

The Housing Market Is Rebalancing, and Those Who Can Still Afford Homes Are Poised to Benefit. List prices are beginning to fall as active inventory spends more time on the market, meaning that those still searching for homes are finding more options and less competition. Thu, 08/18/2022 - 10:50. home values fell 0.1% The typical U.S.

San Jose 98

San Jose San Francisco Housing Metro 98

Pro Builder

AUGUST 19, 2022

Homeownership Dreams Put On Hold by Buyers in Popular Metros. The housing market may be slowing, but buyers in popular metros like Austin, TX are still seeing record high home prices . Housing Markets. Housing Markets. Fri, 08/19/2022 - 10:55. Affordability.

Metro 52

Metro Austin Inventory Housing 52

Pro Builder

OCTOBER 1, 2022

A Housing Reset Can’t Slow These Popular Seller’s Markets. The housing market may be slowing, but sellers are still in the driver's seat in these affordable homebuying destinations. Home sales fell 38% in August while inventory rose 5.5% Housing Markets. Housing Markets. Fri, 09/30/2022 - 10:27. Affordability.

Housing 52

Housing North Carolina Inventory Metro 52

Pro Builder

DECEMBER 21, 2020

Metros With the Greatest Change in Listing Supply. With more Americans looking to buy as many existing homeowners are reluctant to list, housing inventory has fallen short across the country, but most in these metros. metros in the third quarter of 2020. metros in the third quarter of 2020. Housing Markets.

Metro 52

Metro Las Vegas Los Angeles New York 52

Pro Builder

DECEMBER 16, 2022

Here Are the Most and Least Affordable Housing Markets in December 2022. metros are home to skyrocketing prices and waning housing inventory, while others offer first-time buyers an affordable entrance into the for-sale market. Housing Markets. Housing Markets. Fri, 12/16/2022 - 09:43. Some major U.S.

Housing 52

Housing Los Angeles Wichita Income 52

Pro Builder

DECEMBER 17, 2021

Home Price Gains Expected in Unseasonably Warm Winter Housing Market. Zillow’s November 2021 market report shows strong activity in a typically slow season for the housing market. The largest annual inventory declines in November among the largest 50 markets were in Miami (-45.8%), Raleigh (-39.6%) and Denver (-38.9%).

Housing 59

Housing Nashville Inventory Milwaukee 59

Pro Builder

JANUARY 27, 2022

Florida, Ohio Among the Nation's Most Overvalued Housing Markets. Among the nation’s most overpriced housing markets, Florida and Ohio are taking the top spots with some homes listed at more than 40% above historic pricing, Florida Atlantic University reports. Housing Markets. Housing Markets. Thu, 01/27/2022 - 10:29.

Ohio 52

Ohio Florida San Francisco Housing 52

Pro Builder

JUNE 13, 2023

Today, there are 44,700 rental homes in the pipeline—triple the amount of houses completed in 2022. In the highest yearly total to date, 2022 saw a completion of over 14,500 BFR houses. These Southern metros are where BFR homes are being built the most, with Detroit, Mich., Last year, the U.S. as the exception. Atlanta, Ga.,

Phoenix 102

Phoenix Metro Dallas Detroit 102

Pro Builder

MARCH 15, 2021

Buyers Want Big Homes, These Metros Offer the Most. Homes sized at 4,000 square feet and up sold faster in more than 70% of the country’s largest metros in February compared to the same time last year. Realtor.com looked at the data to find the metros with the largest share of sizable homes. Housing Markets. cbroderick.

Metro 52

Metro San Jose CA Inventory 52

Pro Builder

MARCH 11, 2022

in February as a lack of inventory drives up sale prices. homes were valued at $1 million or more in February, and some metros are reporting a majority of total housing stock in the million dollar range, Forbes reports. Housing Markets. Housing Markets. Fri, 03/11/2022 - 10:40. A record 6 million U.S.

San Jose 105

San Jose San Francisco Inventory Metro 105

Pro Builder

AUGUST 17, 2021

10 Metros Where Sellers are Dropping Home Prices. Many sellers took advantage of the lack of for-sale inventory, upping their home prices and seeing those numbers go even higher with bidding wars. About 45 out of the largest 300 metros in the country posted an increase in the number of price cuts. Housing Markets.

Metro 52

Metro Inventory Housing Bidding 52

Pro Builder

AUGUST 13, 2020

These Metros Have An Abundance of Affordable Homes. Despite low mortgage rates, buyers looking for affordable housing face limited options, many experiencing all-out bidding wars for homes amid historically low inventories. But Realtor.com identified three markets where buyers have more plentiful options of affordable housing.

Metro 52

Metro Inventory Bidding Regulation 52

Pro Builder

MARCH 8, 2022

Buyers are upping the ante to secure fast-selling homes in a heated 2022 housing market. Elevated competition from rising mortgage rates and low inventory is driving up sale prices in popular metros like Los Angeles, where 718 homes sold for at least $100,000 above the asking price from January 1 to February 15, Redfin reports.

Los Angeles 98

Los Angeles San Jose San Diego San Francisco 98

Pro Builder

SEPTEMBER 23, 2022

Housing Demand and Supply May Be Falling, but Home Prices Haven’t Stopped Rising. The housing market is rebalancing after years of red-hot home sales, but while supply and demand are falling, home prices have yet to fall from record highs. Fri, 09/23/2022 - 11:48.

Housing 52

Housing San Francisco CA Oakland 52

Pro Builder

MARCH 9, 2022

Remaining havens of housing affordability are struggling to retain their resident populations, but waves of newcomers could soon take advantage of leftover inventory and low prices. That’s led to a larger housing inventory than throughout most of the country. Housing Markets. Housing Markets. Affordability.

America 52

America New York City Inventory Metro 52

Pro Builder

MAY 23, 2023

Many of the hottest housing markets in April were located in small metros and suburbs in the Northeast. Rather than paying nearly $1 million for a house in pricey metros like Boston, spring buyers flocked to nearby markets like Manchester, NH, where the median home price is a more affordable $533,000, Realtor.com reports.

Metro 52

Metro Boston Massachusetts Housing 52

Pro Builder

JUNE 1, 2021

The Fastest and Slowest Moving Housing Markets Right Now. Slower moving markets are still moving fast compared to last year, but these markets typically have more inventory to offer. We limited our list to the 250 largest metropolitan areas and used only one metro area per state to ensure geographic diversity. Housing Markets.

Housing 52

Housing Metro Utah Arizona 52

Pro Builder

DECEMBER 8, 2020

Wave of Foreclosures May Have Little Impact on Housing Market. And those properties will hardly make a dent in the market’s need for more inventory. This is great news for the economy and housing market, but the swiftness of both foreclosed homes coming and going is reflective of the pandemic’s unequal impact on Americans.

Housing 52

Housing Metro Equity Virginia 52

Pro Builder

JULY 23, 2021

Buyers Pull Back After Extended House Hunting. Stratospheric prices, brutal bidding wars and record low inventory have conspired to make many prospective home buyers frustrated and fatigued. Every time you’re putting an offer on a house, you’ve effectively fallen in love,” Mr. Boyland said. cbroderick. Fri, 07/23/2021 - 09:58.

Housing 52

Housing San Antonio Metro Bidding 52

Pro Builder

JUNE 28, 2023

house hunters are looking to relocate to a different metro area as affordability constraints push homeownership further out of reach. That's because even though Sun Belt home prices soared during the pandemic, those metros remain a bargain for people relocating from expensive coastal cities.

Risk 52

Risk Las Vegas Phoenix Bargains 52

Pro Builder

JULY 8, 2022

Rising mortgage rates are cooling a long overheated housing market, but not all buyers benefit from the most recent series of rate hikes. Even as inventory levels rise across the U.S., Even though inventory is improving in these areas, middle- and lower-income buyers can afford to buy fewer homes. Mortgage rates are roughly 2.5%

Income 52

Income Inventory Portland Metro 52

Pro Builder

AUGUST 17, 2020

Major markets continue to see high demand and low inventory, but buyers may find hope in secondary markets and smaller cities. Inventory shortage has been a problem for the housing market for years, but now with the pandemic mixed in, prices are shooting up and inventory is going down. year-over-year drop in inventory.

Inventory 98

Inventory Connecticut Hawaii Massachusetts 98

Pro Builder

SEPTEMBER 3, 2020

Relatively Affordable Cities Experiencing the Worst Housing Shortage. Housing inventory has been dropping for the past year, but July saw the worst shortage on record. Baltimore’s housing supply plummeted by 21%. Of the top 50 metros, 40 have seen supply growth rates decline since February. cbroderick.

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Housing San Antonio San Francisco Baltimore 52